610 East 5th Street, 3

Sunny and beautifully renovated corner loft-like studio with high ceilings is available for sale in a Housing Development Fund Corporation (H.D.F.C.) located on a tree-lined cul-de-sac in the East Village. Sited on the second floor, this unique two room studio residence has hardwood floors, excellent storage/closets, south and west exposures, exposed brick walls and excellent light throughout. The apartment features a bright, corner living room with large windows. The thoughtfully designed high-end eat-in windowed kitchen is a chef’s delight. It has a granite countertop, a stainless-steel Bosch refrigerator, a Bosch dishwasher, a stainless-steel Bertazzoni gas range, a microwave, a garbage disposal, a foldable built-in kitchen table, a large built-in pantry storage cabinet and 2 built-in spice drawers. The full windowed bath has a combination tub/shower. The monthly maintenance is only $386 per month, and it includes heat and hot water.

610 East 5th Street (located between Avenue B and Avenue C) is a well-maintained co-operative located in the heart of the East Village neighborhood of Manhattan. Tompkins Square Park, East River Park and multiple neighborhood gardens are located nearby as are many neighborhood markets, shops, and restaurants. Originally built in the early part of the 20th Century, this six-story, non-elevator cooperative consists of 23 residential units, and 1 commercial unit. The cooperative employs a live-in superintendent. There is a video intercom system, and there is a full laundry room on the basement level. Pets are permitted (dog or cat) upon approval by the Board of Directors. Cooperative shareholders must use their apartment as their primary residence. No Investors. The cooperative does not allow subletting of apartments for two years from the date of purchase, and thereafter only allows subletting on a limited, case-by-case basis.

The cooperative permits a maximum of 80% financing, and it is excellent financial condition. The co-operative is a Housing Development Fund Corporation (HDFC) which has income restrictions based on household size. Income Limits are as follows:
1 individual in household, maximum income is $112,080.
2 individuals in household, maximum income is $128,160.
3 individuals in household, maximum income is $144,120.
4 individuals in household, maximum income is $160,080.